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Big data in the supplychain is nothing new. And as reported by SupplyChain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.”
According to Dan Weinberger of SupplyChain Brain , “In a time of increasingly unpredictable consumer demand, traditional supplychains are struggling to keep up. Organizations that are still employing traditional methods will struggle to streamline end-to-end supplychain processes. Request a SONAR Demo.
Meanwhile, shippers face the challenge of managing their day-to-day transportation networks during a period of unprecedented supplychain disruption. Either one would be a challenge, but performing both at the same time presents additional challenges in a carriers’ market. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITEPAPER.
Some of the most cost-effective software and methods supplychain professionals and the best freight brokers can adopt are supplychain predictive analytics programs. While still relatively new to the supplychain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
Automated systems and advanced workflows have brought new life to carrier operational excellence and collaboration with shippers. Logistics automation offers more value via management by exception and making profit-driving decisions for all incoming tenders. Download the WhitePaper. Consider the following example.
Embracing a new and improved interoperability-driven approach that applies advanced logistics technology helps freight management parties realize improved profit margins. Embracing this new approach through a unified logistics technology stack will help streamline many daily processes and cut back on wasted resources.
Freight brokers are continually looking for the latest and greatest ways to add value and keep costs under control through new freight brokerage software. For those still unconvinced, consider these reasons SaaS transportation technology with real-time data adds value to a freight brokerage business. Download the WhitePaper.
Load capacity limits play a crucial part in a supplychain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.
When it comes to establishing truckload freight quotes for customers, it is essential to use automation to get the most accurate results and offer the most competitive rates. Creating quotes the old-fashioned way opens supplychains to several problems that can affect bottom-line profits and customer satisfaction.
Monitoring freight market activity is an integral part of supplychains. Carriers must have state-of-the-art tools and technology to track and manage unusual and inconsistent activity in near-real-time. But what are these tools? Download the WhitePaper.
The freight transportation industry has always been slow to adopt new advances in tools, software and automation. Not a lot has changed when it comes to fleet asset utilization within the supplychain. Fill out the Form Below to Access a COPY of the WhitePaper. Request a SONAR Demo.
A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supplychain network. And technology is making it easier to prevent routing guide volatility and create more routing guide stability while increasing compliance. Faulty processes throughout the supplychain.
A more automated and technology-backed approach can make all the difference. According to TruckingInfo.com , “Some envision technology in the freight market doing what Uber and Lyft have done in the ride-sharing market or Airbnb in the vacation market. But automating logistics is much more complex.
Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Download the WhitePaper.
What’s in this Sustainable SupplyChain article : The problem of carbon emissions and waste derived from supplychains. The value of using technology to reduce wasted time and miles that contribute to higher carbon emissions. Avoid extra miles by extending mobile, self-service scheduling tools to drivers.
And that helps to create entirely new ways of viewing the supplychain to proactively hedge risk. . The inability of shippers to do this can lead to many problems that can greatly impact the profitability and overall success of the supplychain. Lower profits mean less revenue for paychecks, upgrades and technology.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supplychain managers. Maintaining good compliance to these informational guides is critical to supplychain management and relies heavily on current data and automation. Download the WhitePaper.
Managing the manufacturing supplychain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supplychain constraints are impossible to avoid, but they can be planned for to reduce their impact. Download the WhitePaper.
And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management. According to Business Wire , “Supplychain analytics holds the key to mitigate a number of businesses complexities. Download the WhitePaper.
Knowing how supply and demand fluctuations go and responding accurately remain keys to growth and success. By using strong management and analysis processes, supplychains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Download the WhitePaper.
How does your company define success in the supplychain? Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Shipping status tools to track freight.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supplychain. Data will ensure smooth operations and successful executions at every point along the supplychain. Download the WhitePaper.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Right now, global demand-supply matching technology imparts a surprising competitive advantage for carriers and transporters.
According to SupplyChain Brief , “In such an environment, no one can truly predict what is going to happen. Download the WhitePaper. Proactive freight management will future-proof the supplychain When thinking about the shipping in this new year, fleet managers must keep the chain organized and flowing.
This remains key to the overall success of investments within supplychain analysis. Throughout the supplychain, data-driven transportation management’s success is only as good as the data quality and integrity in use. Download the WhitePaper. Things will go wrong. Think about it.
However, when it comes to rates and calculation and how the load sizes and types affect those fees, shippers must visualize the entire supplychain network. Download the WhitePaper. The supplychain is a complicated and interconnected web of lanes, channels, shipping modes and methods. Request a SONAR Demo.
Download the WhitePaper. Track carrier performance with the right KPIs Tracking carrier performance with key performance indicators (KPIs) makes for another critical tool for improving freight management. This makes for an excellent freight management tool and can make an impactful difference in a shipper’s efficiency.
And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. According to SupplyChain Digital , “although new, AI-driven concepts are being introduced, they aren’t new to the logistics sector. But how can technology help?
As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supplychains. Knowing the following key tactics and using the proper tools will help sustain long-term savings.
One of the most popular tools that drives the supplychain to new heights is the process of intermodal freight shipping. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supplychain. Download the WhitePaper. Request a SONAR Demo.
With so many shipping modes and options to choose from and a wealth of innovative technology to take advantage of, it can quickly become overwhelming and confusing. Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world.
Ensuring rapid delivery time along the full supplychain earns a company the reputation of shipper of choice. Download the WhitePaper. Embrace automation and digitalization. Get started by clicking the button below to request a FreightWaves SONAR demo today. Request a SONAR Demo.
MHS, a single-source provider of material handling automation and software solutions, announces a new multi-part online experience scheduled to run October through November. Following each event, attendees receive exclusive access to supplementary resources like whitepapers, case studies and infographics to continue their experience.
And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supplychain makes management difficult at best. And depending on the size of your supplychain, filling a single order could result in a compounding series of actions that go back to the supplier itself.
It is clear supplychain business intelligence is essential for success with freight load management. Be sure to consider the interdependencies of the global supplychain.” Let’s take a closer look at them and how they maximize supplychain efficiency and profitability. Download the WhitePaper.
Big data and predictive freight rates in the digital supplychain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Real-time data and predictive freight rates promote end-to-end supplychain benefits.
This must always remain the focus of the entire supplychain. Even when processed with advanced business intelligence tools, inaccurate data will do more harm than not having access to any data at all. . Looking to the future with e-commerce and automation. Download the WhitePaper. Request a SONAR Demo.
And it’s important to understand how improvements in drayage planning , considering TEU activity as shown in the Top Imports by Consignee app within the Ocean Shipments Report in FreightWaves SONAR, amount to proactive supplychain management. As explained by SupplyChain Game Changer , “Drayage services are more essential than ever.
And that is becoming truer as global supplychains accelerate in a post-COVID world. Market intelligence tools. A core problem with disrupted supplychains surrounds the request for proposal (RFP) process. Download the WhitePaper. Request a SONAR demo online. . Request a SONAR Demo.
This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supplychain network. Enterprise shippers and logistics managers need to embrace global trade data and analytics to apply this valuable insight throughout the supplychain. Download the WhitePaper.
Managers can calculate freight rate charge estimates to see what needs to be passed on to customers and what needs to be made up for elsewhere in the supplychain. Consider the value of system visibility and resource use made by Supply & Demand Chain Executive, “It’s an intelligence tool.
However, the industry is always slow to adopt new software, so not much has changed among many carriers. They become essential to improving asset utilization within the shipping supplychain. The biggest barrier to efficiency in supplychain agility rests with an inability to see, capture or analyze freight data.
According to the Harvard Business Review , “The challenge for companies will be to make their supplychains more resilient without weakening their competitiveness. Download the WhitePaper. Request a SONAR Demo. This will help build and solidify the relationship over time.”
This is also the basis for what everyone seeks – data-driven information that helps solve disruptions in the supplychain, resulting in the best-informed decisions possible in regard to less-than-truckload (LTL) freight rates and tight truckload capacity. Download the WhitePaper. Request a SONAR Demo.
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